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Tim Lee, president of international operations at General Motors Co., comments on sales growth and manufacturing capacity in China. He spoke in New Delhi today.
“In China, in 2010, the market grew at an unbelievably high rate of nearly 40 percent. We do not see that kind of growth recurring in China in 2011. But we do see the Chinese market growing in the 10 percent to 15 percent range in 2011.”
“In China and India we will always try to stay slightly ahead of demand patterns with our manufacturing base and distribution potential. In China today, because the growth rates have been so strong for the last two years, we are actually little bit behind in terms of manufacturing capacity. We will work hard to catch up.”
- Article Source: Bloomberg
- Filed Under: Industry News

